| Bloomberg: |
Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together — - ByteDance's preferred strategy is to fight ban, people say — Trump has said he would like to delay ban to seek resolution| Todd Spangler / Variety: |
TikTok denies a report that China is looking at potentially facilitating a sale of the app to Elon Musk, calling it “pure fiction” — TikTok denied a report that China is looking at potentially facilitating a sale of the app to tech billionaire Elon Musk to keep TikTok operational … | Zeyi Yang / Wired: |
Ahead of a likely US TikTok ban, users flee to Chinese apps Xiaohongshu, aka RedNote, and ByteDance's Lemon8, currently the top two apps in the US App Store — Some say they joined Xiaohongshu, which translates to “little red book,” to spite the US government after a ban on TikTok became more likely.| Ryan Browne / CNBC: |
The UK CMA opens a probe to assess Google's position in search and search ads business and how it impacts consumers, advertisers, publishers, and its rivals — LONDON — Britain's competition watchdog on Tuesday said that it's opening a formal antitrust investigation into Google's search and search advertising services.| Bloomberg: |
Sources: Databricks secures $5B+ in its largest debt raise to date, from lenders including Blackstone and Apollo, after raising $10B in equity in December 2024 — - Blackstone, Apollo, Blue Owl among lenders in private loan — Financing also includes a $2.5 billion credit line from banks| Vince Dioquino / Decrypt: |
Sony launches Soneium Ethereum L2 platform for creators, after a four-month test that drew 14M+ users; Blockscout: Soneium testnet processed ~47M transactions — Sony says it plans to explore ways for protecting creator rights and mechanisms for equitable value distribution between creators and fans.| Kashmir Hill / New York Times: |
Texas sues Allstate and its subsidiary Arity, accusing the insurer of illegally collecting and selling data about people's driving behavior through mobile apps — The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps … | Niket Nishant / Reuters: |
Sygnum, a Switzerland and Singapore-based digital asset bank and crypto trading platform, raised $58M led by Fulgur Ventures at a $1B valuation — Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday.| Richard Nieva / Forbes: |
Jimmy Wales, Mark Ruffalo, others debut Free Our Feeds to raise $30M by 2028 to “billionaire-proof” AT Protocol, by making it easier for users to leave Bluesky — Free Our Feeds, which includes support from the Mozilla Foundation, is working with Bluesky to make sure … | Todd Bishop / GeekWire: |
Microsoft is creating a new “CoreAI - Platform and Tools” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering executive who joined in October 2024 — Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta) … | Reece Rogers / Wired: |
How Cleo AI and Bright, AI chatbots offering personalized financial advice, often function as a way to sell high-interest loans and cash advances to young users — AI finance apps are reaching Gen Z and millennial users with personalized chatbots that offer money advice—and upsell them big-time.| Wall Street Journal: |
Sources: Zuckerberg met with Trump on Friday, in part to mediate a 2021 lawsuit Trump brought against Meta over his account suspension after the Jan. 6 riot — Meta pursues a MAGA makeover, in the latest political pivot for a company that once banned the now-president-elect from its platforms| Bloomberg: |
The Biden admin finalizes a rule banning the import or sale of connected vehicles with hardware or software that have a “sufficient nexus” to China or Russia — - Biden finalizes ban on Chinese vehicles and moves to widen it — US to lease federal land to AI companies to build data centers| Hannah Miller / Bloomberg: |
DirecTV launches MySports, a sports streamer featuring games from NFL and other major leagues, and access to 40 channels, in 24 US metro areas for $70/month — - $70 package will offer content from ESPN, Fox Sports and NBC — The Venu sports streaming service was scrapped last week| Taylor Soper / GeekWire: |
Bellevue, WA-based Truveta, which aggregates medical data from 30 partner institutions, raised $320M from Regeneron, Illumina, and others at a $1B+ valuation — Seattle-area health data company Truveta announced $320 million in fresh funding and an ambitious new initiative to create a giant genomic dataset.| Bloomberg: |
A profile of Hussain Sajwani, who, alongside Donald Trump at Mar-a-Lago, pledged a $20B investment in US data centers, and why some are skeptical of the plan — - Hussain Sajwani has seen big wins from Dubai's property boom — Sajwani has pledged to invest $20 billion in US data centers| Paul Sawers / TechCrunch: |
Paris-based Bioptimus, which is developing a foundational AI model for biology, raised $41M led by Cathay Innovation, bringing its total raised to $76M — A fledgling French AI startup has raised $41 million to develop a foundational AI model for biology. — Just as OpenAI's ChatGPT … | Financial Times: |
Sources: the EU is reassessing its DMA probes into US tech giants like Apple, Meta, and Google, launched since March 2024, as US groups urge Trump to intervene — Tech groups have urged Donald Trump to intervene against overzealous European regulation — Brussels is reassessing … | Will Knight / Wired: |
The US' new chip export rule enters a 120-day consultation period, requiring the Trump admin to listen to input, perhaps modify the rule, and then enforce it — The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.| Financial Times: |
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| Caitlin Chandler / Wired: |
| Dan Mangan / CNBC: |
| Washington Post: |
| Leena Rao / Business Insider: |
| Eleanor Terrett / Fox Business: |
| Mark Gurman / Bloomberg: |